Indian Journal of Science and Technology
Year: 2015, Volume: 8, Issue: Supplementary 8, Pages: 1-6
Yun Jeong Choi 1 , Byungcheol Kim2 , Jeongsik Lee3 and Jongtaik Lee1 *
1 Division of SMEs Innovation, Korea Institute of Science and Technology Information, Seoul, S. Korea; [email protected]
2 School of Economics, Georgia Institute of Technology, Atlanta, GA, USA
3 Management, College of Business, Drexel University, Philadelphia, PA, USA
Many universities, specifically their technology licensing offices, are very active in technology transfer and technology commercialization. In addition to that, part of technology transfers and commercialization are being done by venture capitalists due to complex processes with TLO-mediated commercialization processes. However, it seems that a combined model with these two models can make up for disadvantages from each model to enhance the rate of successful technology transfer or commercialization. Some cases occurred in the southern part of United States will be discussed for these model analysis.
Keywords: Commercialization Process, Ecosystem Model, Technology Commercialization
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